FX.co ★ Week Ahead - Aug 25th

The upcoming week will be pivotal for the global economic landscape as markets scrutinize the Federal Reserve’s continued dovish tone following the recent Jackson Hole Symposium. In the United States, all eyes will be on crucial metrics such as personal income, spending, and the PCE price indexes, alongside revised Q2 GDP estimates. Other significant data releases will include durable goods orders to assess the tariff impacts, a comprehensive set of housing market statistics, consumer confidence surveys, and Federal Reserve activity indexes. Additionally, Nvidia's earnings report is anticipated to shed light on global sentiment regarding artificial intelligence, particularly after the semiconductor sector's recent underperformance compared to other equities. GDP figures from Canada and India are also expected. Meanwhile, China will reveal its official PMI as part of its initial data for August, and Japan will deliver its comprehensive month-end statistics. In Europe, the ECB meeting accounts are likely to provide insights into policymakers' thoughts on potential rate cuts, complemented by inflation data from crucial Eurozone nations.